Form 8.5 (EPT/RI)-Barratt Developments plc

Morgan Stanley & Co. Int'l plc

20 June 2024

 

FORM 8.5 (EPT/RI)

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY

Rule 8.5 of the Takeover Code (the "Code")

1.         KEY INFORMATION

(a) Name of exempt principal trader:	Morgan Stanley & Co. International plc
(b) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	Barratt Developments plc
(c) Name of the party to the offer with which exempt principal trader is connected:	Barratt Developments Plc
(d) Date dealing undertaken:	19 June 2024
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer?      If it is a cash offer or possible cash offer, state "N/A"	YES - Redrow plc

2.         DEALINGS BY THE EXEMPT PRINCIPAL TRADER

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a)        Purchases and sales

Class of relevant security	Purchases/ sales	Total number of securities	Highest price per unit paid/received	Lowest price per unit paid/received
10p ordinary	PURCHASES	1,166,679	4.8290 GBP	4.6750 GBP
10p ordinary	SALES	828,590	4.8290 GBP	4.6740 GBP
10p ordinary	PURCHASES	21,436	5.5483 EUR	5.5482 EUR

(b)        Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit
10p ordinary	CFD	increasing a long position	136	4.6860 GBP
10p ordinary	CFD	increasing a long position	4,621	4.6870 GBP
10p ordinary	CFD	increasing a long position	1,893	4.6870 GBP
10p ordinary	CFD	increasing a long position	36,019	4.6874 GBP
10p ordinary	CFD	increasing a long position	15,220	4.6878 GBP
10p ordinary	CFD	increasing a long position	500	4.6971 GBP
10p ordinary	CFD	increasing a long position	5,805	4.7067 GBP
10p ordinary	CFD	increasing a long position	1,203	4.7070 GBP
10p ordinary	CFD	increasing a long position	1,633	4.7147 GBP
10p ordinary	CFD	increasing a long position	691	4.7173 GBP
10p ordinary	CFD	increasing a long position	115	4.7340 GBP
10p ordinary	CFD	increasing a long position	2,222	4.7610 GBP
10p ordinary	CFD	increasing a long position	1,382	4.7716 GBP
10p ordinary	CFD	increasing a short position	3,000	4.6780 GBP
10p ordinary	CFD	increasing a short position	2,019	4.6850 GBP
10p ordinary	CFD	increasing a short position	16,023	4.6858 GBP
10p ordinary	CFD	increasing a short position	10,095	4.6866 GBP
10p ordinary	CFD	increasing a short position	4,752	4.6867 GBP
10p ordinary	CFD	increasing a short position	6,034	4.6868 GBP
10p ordinary	CFD	increasing a short position	96	4.6870 GBP
10p ordinary	CFD	increasing a short position	121	4.6870 GBP
10p ordinary	CFD	increasing a short position	1,593	4.6870 GBP
10p ordinary	CFD	increasing a short position	17,844	4.6875 GBP
10p ordinary	CFD	increasing a short position	38,856	4.6909 GBP
10p ordinary	CFD	increasing a short position	399	4.6924 GBP
10p ordinary	CFD	increasing a short position	4	4.6939 GBP
10p ordinary	CFD	increasing a short position	19,882	4.6951 GBP
10p ordinary	CFD	increasing a short position	40,297	4.7016 GBP
10p ordinary	CFD	increasing a short position	110,780	4.7016 GBP
10p ordinary	CFD	increasing a short position	198,923	4.7016 GBP
10p ordinary	CFD	increasing a short position	462	4.7086 GBP
10p ordinary	CFD	increasing a short position	20,519	4.7126 GBP
10p ordinary	CFD	increasing a short position	4,846	4.7192 GBP
10p ordinary	CFD	increasing a short position	950	4.7358 GBP
10p ordinary	CFD	increasing a short position	8,343	4.7358 GBP
10p ordinary	CFD	increasing a short position	9,950	4.7374 GBP
10p ordinary	CFD	increasing a short position	28,417	4.7401 GBP
10p ordinary	CFD	increasing a short position	15,826	4.7401 GBP
10p ordinary	CFD	increasing a short position	5,757	4.7401 GBP
10p ordinary	CFD	increasing a short position	5,757	4.7520 GBP
10p ordinary	CFD	increasing a short position	28,417	4.7520 GBP
10p ordinary	CFD	increasing a short position	15,826	4.7520 GBP
10p ordinary	CFD	increasing a short position	342	4.7771 GBP
10p ordinary	CFD	increasing a short position	15,826	4.7790 GBP
10p ordinary	CFD	increasing a short position	28,417	4.7790 GBP
10p ordinary	CFD	increasing a short position	5,757	4.7790 GBP
10p ordinary	CFD	increasing a short position	15,826	4.7792 GBP
10p ordinary	CFD	increasing a short position	28,417	4.7792 GBP
10p ordinary	CFD	increasing a short position	5,757	4.7792 GBP
10p ordinary	CFD	increasing a short position	5,974	4.7812 GBP
10p ordinary	CFD	increasing a short position	1,380	4.7923 GBP
10p ordinary	CFD	reducing a long position	12	4.6830 GBP
10p ordinary	CFD	reducing a long position	5,413	4.6857 GBP
10p ordinary	CFD	reducing a long position	41,588	4.6862 GBP
10p ordinary	CFD	reducing a long position	5,899	4.6870 GBP
10p ordinary	CFD	reducing a long position	3,534	4.6870 GBP
10p ordinary	CFD	reducing a long position	1,790	4.6927 GBP
10p ordinary	CFD	reducing a long position	16,060	4.6988 GBP
10p ordinary	CFD	reducing a long position	1,111	4.7000 GBP
10p ordinary	CFD	reducing a long position	61,011	4.7027 GBP
10p ordinary	CFD	reducing a long position	1,633	4.7033 GBP
10p ordinary	CFD	reducing a long position	1	4.7040 GBP
10p ordinary	CFD	reducing a long position	28	4.7523 GBP
10p ordinary	CFD	reducing a long position	2,222	4.7769 GBP
10p ordinary	CFD	reducing a long position	232	4.8290 GBP
10p ordinary	CFD	reducing a short position	28	4.6870 GBP
10p ordinary	CFD	reducing a short position	7,248	4.6870 GBP
10p ordinary	CFD	reducing a short position	16,976	4.6896 GBP
10p ordinary	CFD	reducing a short position	31,600	4.6916 GBP
10p ordinary	CFD	reducing a short position	6,793	4.6969 GBP
10p ordinary	CFD	reducing a short position	6,878	4.6973 GBP
10p ordinary	CFD	reducing a short position	98,147	4.6991 GBP
10p ordinary	CFD	reducing a short position	37,528	4.7070 GBP
10p ordinary	CFD	reducing a short position	23,112	4.7173 GBP
10p ordinary	CFD	reducing a short position	854	4.7314 GBP
10p ordinary	CFD	reducing a short position	3,466	4.7314 GBP
10p ordinary	CFD	reducing a short position	5,150	4.7508 GBP
10p ordinary	CFD	reducing a short position	64	4.7757 GBP
10p ordinary	CFD	reducing a short position	141	4.7757 GBP
10p ordinary	CFD	reducing a short position	31	4.7757 GBP
10p ordinary	CFD	reducing a short position	9,581	4.7757 GBP

(c)        Stock-settled derivative transactions (including options)

(i)         Writing, selling, purchasing or varying

Class of relevant security	Product description e.g. call option	Writing, purchasing, selling, varying etc.	Number of securities to which option relates	Exercise price per unit	Type e.g. American, European etc.	Expiry date	Option money paid/ received per unit
N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

(ii)        Exercise

Class of relevant security	Product description e.g. call option	Exercising/ exercised against	Number of securities	Exercise price per unit
N/A	N/A	N/A	N/A	N/A

(d)        Other dealings (including subscribing for new securities)

Class of relevant security	Nature of dealing e.g. subscription, conversion	Details	Price per unit (if applicable)
N/A	N/A	N/A	N/A

3.         OTHER INFORMATION

(a)        Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included.  If there are no such agreements, arrangements or understandings, state "none"

NONE

(b)        Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to: (i)  the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none"

NONE

Date of disclosure:	20 June 2024
Contact name:	Craig Horsley
Telephone number:	[phone]

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. 

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END